Asia - Economic Data & News

Re: Asia - Economic Data & News

Postby behappyalways » Sat Jun 03, 2017 5:08 pm

China sent a smaller-than-usual delegation to the Shangri-La Dialogue, and it’s really not a big deal
http://mothership.sg/2017/06/china-sent ... -big-deal/
血要热 头脑要冷 骨头要硬
behappyalways
Big Boss
 
Posts: 18641
Joined: Wed Oct 15, 2008 4:43 pm

Re: Asia - Economic Data & News

Postby winston » Fri Jun 23, 2017 8:32 am

4 key demographics and 5 investment themes for Asia

By Michelle Zhu

Source: The Edge

http://www.theedgemarkets.com.sg/smr/?q ... 8-87358173
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 98285
Joined: Wed May 07, 2008 9:28 am

Re: Asia - Economic Data & News

Postby winston » Wed Jul 05, 2017 9:42 pm

Two Decades After Crisis, These Three Asia Markets Are Still Down

By Colin Simpson

Japan, Thailand and Taiwan are trading below pre-crisis peaks
South Korea stocks defy tension with neighbor to post records

Source: Bloomberg

https://www.bloomberg.com/news/articles ... gn=markets
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 98285
Joined: Wed May 07, 2008 9:28 am

Re: Asia - Economic Data & News

Postby winston » Thu Sep 14, 2017 7:44 pm

How to Profit From the Rising Global Middle Class

By Kim Iskyan

It's one of the biggest trends in the world today... the rise of the global middle class.

All over the world, populations are earning more money. This is increasing disposable incomes and consumer spending... and improving living conditions in these countries.

We've talked a lot about this trend in China. But it's also creating plenty of investment opportunities elsewhere...

The gap between developed markets and emerging markets is closing.

This growth means millions of people will be joining the middle class over the next 30 years... especially in India and China.

I've talked a lot about how China is seeing a massive middle-class boom... Back in 2000, just 4% of China's urban population was considered middle class. By 2022, that figure will be a whopping 76% – or 550 million people. That would make China's middle class big enough to be the third-most populous country in the world.

But India's not far behind... According to the World Economic Forum, India's middle class could grow larger than China's by 2027.

The Brookings Institute – a non-partisan think tank – suggests that by 2030, two-thirds of the global middle class will be living in Asia.

And all of these new middle-class consumers plan on spending more money – a lot more.

By 2030, China's average urban per-household disposable income is expected to double, according to consultancy McKinsey & Company. This will push Chinese consumer spending up 55% by 2020. That's an increase of $2.3 trillion – which is like adding a new consumer market 1.3 times larger than the U.K.'s current consumer market.

Meanwhile, India's average per-capita urban disposable income is expected to grow from around $1,000 in 2010 to around $3,700 in 2030. That might not sound like much if you live in the West. But it will drive Indian consumption to $4 trillion by 2025... making India the third-largest consumer market in absolute terms in the world – just behind the U.S. and China.

By 2030, Asia as a whole will account for nearly 60% of middle-class consumption. (To put that in perspective: In 2010, North America and Europe accounted for a little over 60% of middle-class consumption.)

What do people do when they suddenly get more money?

They spend more on leisure, health care, and looking good. But one of the biggest things they spend on is travel...

There's massive pent-up demand for travel in places like China and India.

It's similar to the pent-up demand that I remember seeing firsthand in Russia in the 1990s...

For decades, citizens of the former Soviet Union hadn't been allowed to travel, except in special circumstances.

After the end of the Soviet Union in 1991, travel restrictions were eased. But it wasn't until the economy stabilized years later, and people began to have more money, that international travel took off.

Eventually, the then-emerging Russian middle class started to fly to European destinations on holiday – rather than to resorts in Russia and the former Soviet Union, which had been the extent of vacation options for their parents. Today, you'll hear Russian spoken in tourist spots all over the world.

And similarly, almost anywhere in the world – from Auckland, to Paris, to Buenos Aires – millions of new tourists from China and India are changing the global travel industry.

China is set to pass the U.S. to become the world's largest aviation market by passengers by 2024. And Chinese air passenger traffic will almost double to 927 million passengers a year by 2025 (compared to the U.S.'s 904 million by 2025). By 2035, the number will hit 1.3 billion.

Meanwhile, India is predicted to become the world's third-largest aviation market by 2025. Indian air passenger traffic is expected to increase to 500 million passengers per year over the next 10 to 15 years.

In other words, tourism in China and India is booming.

But it's only one of the industries set to profit from a rising global middle class.

As the world's middle class grows – along with their disposable incomes – consumers will buy things at a rate never seen before. And smart investors know that if they invest properly, this is the type of trend that can make them life-changing amounts of money.

Source: International Capitalist
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 98285
Joined: Wed May 07, 2008 9:28 am

Re: Asia - Economic Data & News

Postby winston » Tue Sep 26, 2017 10:13 pm

ADB Sees Robust Growth In Developing Asia

The Asian Development Bank on Tuesday upgraded its developing Asia's growth outlook citing broad-based recovery in global trade and strong expansion in industrial economies.

In an update to its annual economic publication, Asian Development Outlook 2017, the lender said developing Asia will grow 5.9 percent in 2017 and 5.8 percent in 2018.

The figures were unchanged from its July estimates but showed revisions from its ADO report released in April. The ADB had initially forecast 5.7 percent growth for both 2017 and 2018.

Source: RTT News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 98285
Joined: Wed May 07, 2008 9:28 am

Re: Asia - Economic Data & News

Postby behappyalways » Wed Oct 04, 2017 3:51 pm

World Bank raises 2017, 2018 East Asia growth forecasts, sees geopolitical risks
https://www.cnbc.com/2017/10/04/world-b ... risks.html
血要热 头脑要冷 骨头要硬
behappyalways
Big Boss
 
Posts: 18641
Joined: Wed Oct 15, 2008 4:43 pm

Re: Asia - Economic Data & News

Postby winston » Mon Jan 08, 2018 7:38 am

Chart of the day: Into 2018 with a bang

by Nicole Elliott

In the first week of 2018, Asian currencies have been on a roll, continuing to strengthen against the US dollar as they did in the fourth quarter of 2017.

The South Korean won leading with the Malaysian ringgit and Thai baht not far behind.

Against this background, stock market gains are all the more impressive. On January 5, the Stock Exchange of Thailand index managed a record high close (just shy of 1,800 points), a technically significant break which follows on from the strong rally in the second half of last year.

Overbought, as it has been since October, bullish momentum is so strong that we favour a rapid rally to our measured and psychological target at 2,000, outlined three months ago.

Source: SCMP

http://www.scmp.com/business/markets/ar ... -2018-bang
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 98285
Joined: Wed May 07, 2008 9:28 am

Re: Asia - Economic Data & News

Postby winston » Mon May 21, 2018 7:35 am

A ‘double whammy’ is staring Asian markets in the face this year

Higher oil prices combined with higher U.S. interest rates could prove "a double whammy,"

Richard Martin of IMA Asia told CNBC's Capital Connection on Friday. He added that the uptrend in oil "adds about a trillion dollars a year to the import bill across Asia."

Hamish Pepper, head of forex and emerging markets macros strategy research for Asia at Barclays says that Asia is still fairly well placed to outperform other regions due to ongoing strong global
growth this year, but warns that "oil will be a spanner in the works for that story."

by Nancy Hungerford

Source: CNBC

https://www.cnbc.com/2018/05/18/higher- ... KW,1JCCX,1
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 98285
Joined: Wed May 07, 2008 9:28 am

Previous

Return to ASIA, OCEANIA & AFRICA: Data, News & Commentaries

Who is online

Users browsing this forum: No registered users and 1 guest